April 9, 2013 4:36pm EDTApril 9, 2013 12:50pm EDTVictor Oladipo, Sporting News' college basketball player of the year, will announce at 4 p.m. he is leaving Indiana early to enter the NBA Draft, CBSSports.com reports.

Oladipo had a breakout year in which he led the Hoosiers to 29 wins, their first outright Big Ten regular season title in 20 year and a No. 1 seed in the NCAA Tournament. Indiana's season ended with a loss to Syracuse in the Sweet 16.

Watch This

"To be an Indiana Hoosier means so much to me, and I’ll always be an Indiana Hoosier," Oladipo said. "This is my home."

The junior guard 13.6 points, 6.3 rebounds, 2.2 steals and 2.1 assists per game. He was named Big Ten defensive player of the year.

"He's a great player because he plays both ends at such an incredibly high level," Indiana coach Tom Crean told Sporting News in March. "There's so much talent in there, and he's made these gradual changes. His game really elevated last year in February, especially his ability with ball screens. I think that gave him more confidence because he could get to the rim. The shooting he's just continued to work on.

"He's able to fix what needs to be fixed and focus on what makes him best."

Oladipo entered Indiana as a little-known recruit and improved each season. A solid defender, he added to his offensive arsenal, improving his outside shot and ball-handling over three years. Crean foresaw Oladipo making the jump to the NBA and admitted he over-signed with that in mind.

"I could coach another 30 years and I wouldn't see another guy improve from end to end the way he has," Crean said.